Which of the following is NOT one of the five forces that determine the structure of competition in a market? competition from existing competitors the existing market price the bargaining power of buyers O potential competitors

Which of the following is NOT one of the five forces that determine the structure of competition in a market? competition from existing competitors the existing market price the bargaining power of buyers O potential competitors

Microeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506893

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter9: Price Takers And The Competitive Process

Section: Chapter Questions

Problem 12CQ

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